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Las Vegas property sells for $216m

by Andrea Zander | Jan 13, 2022

Property and Building Corp. (PBC) and IDB Group USA have sold Tivoli Village, a Mediterranean theme, mixed-use shopping and office center in the west Las Vegas valley, for $216 million.
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CapRock Partners expands into Texas

by Kali Persall | Jan 12, 2022

CapRock Partners has opened its first office location in Dallas, marking the industrial developer’s expansion into Texas. Jon Pharris, CapRock’s co-founder and president, is leading the effort.
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Alere Property Group acquires Freeway Business Center

by Released | Jan 12, 2022

Alere Property Group, a developer and investor of industrial real estate in Southern California, has acquired Freeway Business Center, a new 100 percent–leased core asset along a major logistics thoroughfare in Riverside, Calif.
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JV to develop mixed-use community at former Springdale Farms site in Austin

by Released | Jan 12, 2022

StoryBuilt, an urban residential and commercial community developer, and IHP Capital Partners, a prominent provider of equity financing for residential real estate development, have announced a $44 million real estate joint venture to fund the residential portion of Ellie May, a new mixed-use community in Austin, Texas.
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Urban retail center in Glendale sells for $64m

by Kali Persall | Jan 12, 2022

Chicago-based Pine Tree has acquired the Glendale Marketplace, a 154,049-square-foot urban retail center in Glendale, Calif., for $64.1 million. JLL Capital Markets represented the seller, EB Arrow.
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7% inflation gives Fed more ammunition

by Released | Jan 12, 2022

The core CPI year-on-year rate increased from 4.9 percent in November to 5.5 percent in December, the highest since February 1991, according to Oxford Economics.
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AREP and Harrison Street form $1b data center JV

by Released | Jan 12, 2022

A joint venture between American Real Estate Partners (AREP) and Harrison Street, have announced a $1 billion commitment to develop six powered shell data centers representing 2.1 million square feet of data center space in Data Center Alley.
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Over half of CEOs to step-up investment and M&A in 2022, but headwinds remain

by Released | Jan 12, 2022

As the world enters a new phase in the global COVID-19 pandemic, the majority of CEOs are ready to accelerate plans for investment and mergers and acquisitions (M&A) in their pursuit for growth, according to the findings from the inaugural EY 2022 CEO Outlook Survey, which recorded the views of more than 2,000 CEOs across the globe on their prospects, challenges and opportunities.
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